Jim is an attorney with the Tacoma office

Jim is an attorney with the Tacoma office

Latest News of Interest to Businesses and Professionals
Tax Calendar
Reminder of 2015 IRS Standard Mileage Rate
After Hours

Latest News of Interest to Businesses and Professionals
            Over the past year or so the annual entity registration renewal process for the State of Washington has gone paperless.  For those of you for whom we act as registered agent, we have been renewing your licenses electronically.  Linda Palmer of our office, who handles all of our license renewals and other corporate and LLC compliance tasks, reports the process has been going well, and with a very few minor exceptions there have been no problems encountered in this transition.

            The Secretary of State’s Office advises us its goal is to ultimately transition all entity filings in the State of Washington to an electronic format, and thereby eliminate all paper filings.  We have begun to utilize this new system as it becomes more and more available, and so far we have not experienced any major problems.  It is the goal of the Secretary of State’s Office to not only eliminate most paperwork, but to greatly reduce the turnaround time for most routine corporate and LLC filings.  So far most of our experiences with the electronic filing have been positive and have enabled us to provide you with quicker service for many routine matters. 

Tax Calendar
            It is easy to forget IRS deadlines—especially those for estimated taxes.  Therefore, don’t forget to calendar these important dates:

September 15, 2015

  • Third installment of 2015 estimated tax due.
  • 2014 calendar year income tax returns due for C corporations or S corporations which obtained an extension. 
  • Third installment of 2015 corporate estimated income tax due.
  • 2014 calendar year income tax returns due for partnerships which received an extension.

October 15, 2015

  • 2014 income tax returns due for individuals who filed an extension.

December 15, 2015

  • Corporations must deposit the fourth installment of 2015 estimated income tax.

Reminder of 2015 IRS Standard Mileage Rates
            Next April when you are finalizing your 2015 federal income tax returns, you will be glad if you thought to keep a log of your automobile mileage for the following matters:

Business use of automobile                             56 ¢/mile
Charitable mileage                                          14 ¢/mile
Medical mileage                                              23.5 ¢/mile
Moving expense mileage                                 23.5 ¢/mile

After Hours
            As the nights start to get a little bit chilly, we are reminded summer will soon be coming to an end, and therefore we may wish to include more red wines instead of the whites and rosés most of us have been serving during the hot summer months.

            However, for those of you who, like me, wish to stretch enjoyment of rosés a little longer, I suggest you try A to Z Rosé.  This delightful rosé comes from a company which was founded by four friends whose families were some of the original vineyard pioneers in the Willamette Valley of Oregon (Eyrie, Domain Drouhin, Archery Summit and Chehalem).  This Rosé is made primarily from the Sangiovese Grape grown just north of the California border.  It is widely available for $10-$12 a bottle.  This is hands down my second favorite rosé.

            When you are ready for a medium-bodied red wine that is great with food (pasta, lentil soup, bratwurst, all grilled meats, etc.) or for just sipping in front of an open fire, I suggest you give the Rodney Dangerfield of wines a try.  The reason I call it the Rodney Dangerfield of wines is because of its name – Lemberger.  Everyone hearing the name immediately has visions of Limburger cheese and almost instinctively begin holding their noses!  Due to our ideal climate, some of the world’s best Lemberger grapes are grown in Washington.  Washington Lemberger is absolutely delicious with soft tannins and very balanced acidity. A wonderful and affordable example of this really delicious wine is Kiona Vineyards Lemberger, which sells for $10-$12 a bottle.